The Financial Adjustment Bill, which seeks to condone unauthorised expenditure in Financial Year 2013, sailed through Senate yesterday. Finance Minister Patrick Chinamasa said the unauthorised expendi...
In a bid to avert a looming economic crisis the ruling Zanu-PF government is launching a new economic offensive.Officials say in this fresh strategy, the ruling party will no longer be focused on robu...
Trade volumes between Zimbabwe and China doubled between 2010 and 2013 to $1,1 billion, the outgoing Chinese economic and commercial counsellor Han Bing said yesterday. Speaking at his farewell recept...
A business delegation from India is expected in Zimbabwe at the end of the month to explore investment and trade opportunities in the country. The delegation, representing 10 Indian companies, will ar...
Zimbabwe's economy may slip into recession by 2015 if there are no fundamental policy shifts, according to Reserve Bank of Zimbabwe (RBZ) deputy governor Kupukile Mlambo. Mlambo said this while addres...
Government overturned a February deficit to post an operating surplus in March following the floating of Treasury Bills in the two months. Latest figures from the Accountant-General's Office show that...
The small to medium enterprises (SMEs) sector wants the Government to facilitate establishment of micro finance banks (MFBs) to enable it raise funds for its operations.SMEs Association of Zimbabwe f...
ZimTrade is set to carry out market research in African countries such as Angola as it seeks to explore new markets for the local industries. Regional manager Similo Nkala said ZimTrade was embarking ...
Zimbabwe's informal sector's contribution to the country's Gross Domestic Product is expected to increase in the outlook period, according to estimates by the Zimbabwe National Statistics Agency (ZimS...
Confederation of Zimbabwe Industries (CZI) president Charles Msipa says industry need at least $8 billion as working capital and for retooling to avoid further collapse currently happening in the sect...
Zimbabwe's informal sector's contribution to the country's Gross Domestic Product is expected to increase in the outlook period, according to estimates by the Zimbabwe National Statistics Agency (ZimS...
Zimbabwe wants to upgrade its terms of business with China in a bid to attract more inward investment and tourist dollars into the country as part of a wider attempt to revive its economy, said Hospit...
Fears the economy will collapse owing to tight liquidity conditions heightened this week amid indications President Robert Mugabe's government last week ordered diamond mining companies to deposit sor...
FOR years opaque policies, policy inconsistencies, failure to protect property rights and laws such as the Indigenisation and Economic Empowerment Act, among other factors, have militated against Zimb...
The World Banks says Zimbabwe's arrears with international financial institutions are stifling accelerated economic growth by limiting access to new finance. WB senior country economist Nadia Piffaret...
Harare businessman Jayesh Shah is claiming more than $4 million from a British bank for the economic loss his company suffered after the latter falsely classified the funds held in his account as aris...
Educating yourself is to start looking at the world differently, in other words looking through the lenses of those that have gone before us. We are initiated into methods, theories and practices that...
Finance and Economic Development minister Patrick Chinamasa says government will compel international companies investing in the country to have a portion of insurance risk covered by local insu...
The Confederation of Zimbabwe Industries Mashonaland Chamber president Sifelani Jabangwe says that South African firms are selling goods and services at half prices in an intricate scam that borders o...
BRAINWORKS Capital, the advisory firm that courted public outcry after clinching a deal to advise the State in an empowerment transaction involving platinum mining giant, Zimplats Holdings, says it wi...
NEGOTIATIONS between the Industrial Development Corporation of Zimbabwe (IDCZ) and South Africa's largest development finance institution, IDC, for a $10 million bailout have collapsed, a senior execu...
The World Bank has warned Zimbabwe to abandon luxurious spending if the country's economy is to recover. World Bank's Zimbabwe-based chief economist Nadia Piffaretti on Tuesday told a Sapes Trust conf...
In a development that could indicate a further thawing of relations between Zimbabwe and the European Union (EU), the European Union Council on Tourism and Trade (ECTT) has unanimously awarded Zimbabw...
Foreign companies operating in Zimbabwe have been accused of externalising risk as they prefer to insure their businesses with companies operating from other countries.Speaking at the ground-breaking ...
Press Release issued by the Governor of the Reserve Bank, Dr John MangudyaI would like to thank His Excellency, the President, for appointing me to be the Governor of the Reserve Bank of Zimbabwe wit...